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What is an advantage of designing a new culvert over replacing an old culvert?
Equipment
Tangible, long-term assets used in the operation of a business to produce goods or provide services, usually subject to depreciation over their useful lives.
Cash Flow
The net amount of cash and cash-equivalents being transferred into and out of a business.
Operating Activities
Activities that relate to the primary, day-to-day operations of a business, such as selling products or providing services.
Prepaid Expenses
Assets on the balance sheet representing services or goods paid for upfront but not yet consumed.
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